Paying a nanny/day mum etc. AHV? tax? - Page 2

Lou · #21 21.08.2009, 16:02

Are you taking out private sick pay insurance on top of all the normal social insurances for your nanny? Can you say how much the premiums are?

Thanks.

	Quote:	Deano
	Do you go down this route in the end? We are employing a nanny at present and our insurance broker seems to be happy to do all of the legwork/paperwork (free of charge). It may be because he is a friendly guy but I am assuming its because he is picking up the premiums too. On that note what do people think about sick pay insurance. The broker is suggesting its a no-brainer because the employer has a responsibility to continue paying if the nanny goes sick - but I guess the devil is in the detail (and price). ie do you have to pay sick pay indefinately or for a maximum period? Does sick pay only kick in after x days and with a doctors note? How much does the insurance cover when you are paying the nanny by the hour and with flexible hours per month (although realistically with a minimum 50-60 p/m)? Anyone with experience of this?

Deano · #22 21.08.2009, 16:10

Still working out whether its worth it but cost is 11.15% of salary. It is proposed if we take it that employer/employee pay 50% each.

Deano · #23 21.08.2009, 16:11

And it seems to be called KTG in the trade

Lou · #24 21.08.2009, 16:28

That is a hell of a lot of money. The nanny would have to be off sick for over 1 month to make it worthwhile and I am sure there would be a lead time before they pay out. Thanks for the info anyway.

	Quote:	Deano
	Still working out whether its worth it but cost is 11.15% of salary. It is proposed if we take it that employer/employee pay 50% each.

Deano · #25 21.08.2009, 16:53

Just spoke to the broker. % depends on factors such as age (our nanny is 50+). We have now managed a better quote so maybe worth shopping around.
Background info:
What I am being told is that in Swiss law:

In year 1 the employer must pay full pay the first 3 weeks of any illness.
In year 2 the employer must pay full pay up to the first 2 months of any illness.
These numbers are not cumulative. ie you can have 2 x 3 week illnesses in year 1 and still expect to be paid

The insurance I am being quoted on only kicks in after 2 weeks illness - ie only saving me 1 weeks salary per illness in the first year. However the main benefit is for the nanny as it will cover them for up to 2 years full sick pay if needed (hence they pay for half of it).